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Wrap Technologies WRAP Standard and Extended Product Warranty Accrual, Decrease for Payments

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Other financials

Income statement

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Revenue$1.1M+45.2%
Gross profit$691.0K+16.1%
Operating income-$4.8M-21.6%
Net income-$4.5M-4,265%
EPS (diluted)-$0.09

Balance sheet

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Cash & equivalents$7.3M+17.7%
Total debt$459.0K-78.4%
Total equity$14.4M+462%
Total assets$16.7M-7.0%

Cash flow

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Operating cash flow-$1.2M+59.4%
CapEx$5.0K+150%
Free cash flow-$1.3M+59.3%

Valuation

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Market cap$71.9M-5.9%
Enterprise value$65.1M-12.3%
P/S14.3×-9.3×

Profitability

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Gross margin55.7%-2.9pp
Operating margin-285.6%-64.9pp
Net margin-298.6%+3,778pp
FCF margin-170.8%-24.7pp

Returns & leverage

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Return on equity-176.3%+10.5pp
Debt / equity-0.8×
Current ratio7.6×+6.6×

Where this comes from

Reported directly by Wrap Technologies in its filing.

Tagged under the XBRL concept us-gaap:ProductWarrantyAccrualPayments.

The official record: Wrap Technologies’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wrap Technologies's standard and extended product warranty accrual, decrease for payments?
Wrap Technologies (WRAP) reported standard and extended product warranty accrual, decrease for payments of $2K in Q1 2026.
What does standard and extended product warranty accrual, decrease for payments mean?
The actual cash outflows made to satisfy warranty claims or repair obligations for products sold. This metric reflects the realized cost of product quality issues and the reliability of the company's offerings. High or increasing payments may indicate potential manufacturing defects or quality control challenges.